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03
City of Pleasanton
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CITY CLERK
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2016
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030116
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2/25/2016 4:13:47 PM
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CITY CLERK
CITY CLERK - TYPE
AGENDA REPORT
DOCUMENT DATE
3/1/2016
DESTRUCT DATE
15Y
DOCUMENT NO
03
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11.6 Except as permitted by the City Documents, Trustor shall not subordinate <br /> the Ground Lease or Leasehold to any deed of trust or other encumbrance of, or lien <br /> on, any interest in the real property subject to such Leasehold without the prior written <br /> consent of Beneficiary. Any such subordination without such consent shall, at <br /> Beneficiary's option, be void. <br /> 11.7 Intentionally omitted. <br /> 11.8 Trustor shall notify Beneficiary promptly in writing of the institution of any <br /> legal proceeding involving obligations under the Ground Lease, and Beneficiary may <br /> intervene in any such legal proceeding and be made a party. Trustor shall promptly <br /> provide Beneficiary with a copy of any decision rendered in connection with any such <br /> proceeding. <br /> 11.9 To the extent permitted by law, the price payable by Trustor or any other <br /> party in the exercise of the right of redemption, if any, from any sale under, or decree of <br /> foreclosure of, this Deed of Trust shall include all rents and other amounts paid and <br /> other sums advanced by Beneficiary on behalf of Trustor as the tenant under the <br /> Ground Lease. <br /> 11.10 Trustor shall promptly notify the landlord in writing, in accordance with <br /> Section 25359.7 of the California Health and Safety Code and any successor and/or <br /> similar statutes (and shall simultaneously notify Beneficiary in writing), in the event that <br /> Trustor knows or has cause to believe that any Hazardous Substance has come to be <br /> located on or beneath the property leased under the Ground Lease. <br /> 11.11 The generality of the provisions of this Deed of Trust shall not be limited by <br /> any provision of this Section 11 that sets forth particular obligations of Trustor as the <br /> tenant under the Ground Lease. <br /> SIGNATURES ON FOLLOWING PAGE., <br /> 24 <br /> OAK #9825-3939-8270 vl <br />
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